D’Amico Backs Property Tax Relief Fund

SPRINGFIELD, Ill. – As part of his commitment to building a stronger middle class, state Rep. John D’Amico is highlighting his support for a measure to create a property tax relief fund for homeowners in Illinois.

“Fairer taxes for the middle class means that homeowners need real relief from the burden of high property taxes,” D’Amico said. “I am committed to ensuring families and seniors can stay in their homes and aren’t driven away because of high property taxes.”

D’Amico backed Senate Bill 39, a measure to create the Illinois Property Tax Relief Fund to provide rebates to homeowners. Money appropriated to the property tax relief fund would be divided by the number of property tax homestead exemptions in the state to provide an equal rebate to property tax paying homeowners. The rebate amount would be stated as an individual line on the property tax bill of each homeowner.

D’Amico is a longtime advocate of cutting property taxes for middle-class families, as well as seniors and veterans. Previously, D’Amico has supported measures to increase the exemption for all property taxpaying homeowners and increase the exemptions for seniors and veterans. D’Amico has also supported a statewide, multi-year property tax freeze.

“For too many families, the dream of homeownership has turned into a nightmare because of skyrocketing property taxes,” D’Amico said. “This measure will provide direct property tax relief for middle-class families and help build a stronger Illinois.”